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Filecoin

FIL Critical Resistance for Long termNot the most usual way to draw a channel , yet the full picture shows a descending pattern. August Dildo Weekly candle has already broken above that channel! which I see as a bullish sign! let's watch Price action If we fail to break out , well everything on the chart ! DYOR , Just a Noob ! It is fair to mention that Fil is a super solid project , with great team! Not necessarily in terms of marketing! But fundamentals are strong. Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor. Decentralized storage systems like Filecoin allow people to be their own custodians of their data, as well as makes the web more accessible to people worldwide. Since participating in the Filecoin network by mining and storing is directly related to winning more block rewards, Filecoin incentives participants to act honestly and store as much data as possible
by anoweir
Filecoin (FIL) Possible Short Squeeze Incoming....25-90% UpsideFilecoin looks set for a massive bounce for the following reasons: 1.) Recent overly exaggerated downside move due to China FUD, and usually this sort of fundamental FUD is followed by strong bounce. 2.) Upcoming Filecoin Launchpad Demo Day around the corner on 9/28 could be the fundamental boost needed to help Filecoin recover sentiment. 3.) Filecoin has been one of the most sold off coins the past 6M, 1M, and 1W (-65%, -32%, and -25% respectively) 4.) FILUSDSHORTS approaching recent highs, due for short covering / thereby increasing buy pressure. Here I present 3 fractals which are based on the recoveries from similar capitulations in the past.
Long
by janor123
5
There're 2 possible scenarios for FILFirst of all, I have to point out that according to Elliot, we need another correction. In terms of time, we can expect the correction to end near one of the Fibo time levels, so it is likely that another correction is underway as in the previous photo. According to the previous two points, there are two scenarios. The red trend line and the close supports of Fibonacci 0.618 and 0.5 are important points to check the reversal of the trend for buying position. If FIL can breaks PRZ (about 90 $) upward and stabilizes, there will be no correction. Always make your analysis before a trade It is not offer to trade. Good luck
by Mojtaba-Pakdaman
Is FIL going to breakout soon? Here's a quick look at FIL 1 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 88$ 2. 96$ 3. 101$ 4. 109$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
Filecoin (FIL) - September 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (FILUSD 1W Chart) There's not much to tell from this chart. However, if the price is maintained above the 47.149096-53.975726 range, it is expected that the upward trend will continue. (1D chart) If the price is maintained in the range of 77.274985-105.696627, the uptrend is expected to continue. If you fall from the 63.064166-77.274985 section, you can touch near the 47.149096 point, so you need to trade carefully. A significant resistance interval is the 156.373900-167.010019 interval. ------------------------------------- (FILBTC 1W chart) If the price holds above the 0.001544 point, it is expected that the uptrend will continue. (1D chart) If the price is maintained in the range of 0.001437-0.001890, it is expected to turn into an uptrend and rise. If it declines from the 0.001211-0.001437 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously. However, you can touch the 0.000796-0.000969 section and rise, so you must also think about how to respond. If it moves towards the 0.002343-0.002569 interval, I expect it to re-determine the trend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:FILUSD
by readCrypto
11
FIL 1D There is still some room for upward price movementThe goal from the previous idea for the pair FILUSDT worked out completely and even more. Who read and listened to our thoughts, could fix at least x2.5 profit within 2 months, or even more for this position). Today we decided to update the idea of FILUSDT, as there can still be an interesting upward movement. If in the next 1-2 days, the buyers will keep the FIL price in a narrow range of $110-120 , there will be a very big chance to make a strong impulse upward movement of the Filecoin price. The zone, where it would be better to completely cover the FILUSD longs and look around, is around $130-160 . And you should pay special attention to the behavior of FIL price near $130 and $160 levels. And then we can expect the FILUSDT price correction to the liquid zone from below, which is in the range of $60-70 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
44